Schane Rudlang News Today

The St. Paul Port Authority will help finance the $430 million project.

City leaders are expected to grant key approvals for the deal next month.

The kickass science and technology radio show that delivers an irreverent look at the week in science and technology.

(Bloomberg) -- The owners of New Jersey’s American Dream project are likely to lose almost half their stakes in two other mega malls used as collateral to finance the $5 billion shopping and entertainment center.

A Mall of America official disclosed last week that lenders are likely going to take a 49% equity stake in the Bloomington megamall after the pandemic hampered its operations elsewhere.Why it matters: Valued at $1.9 billion, MOA is perhaps the largest real estate asset and tourism driver in the state — and lenders are likely have a very large voice in what happens to its future.Get market news worthy of your time with Axios Markets. Subscribe for free."We have to wait and see if ther...

Bloomington grapples with hotel vacancies Bloomington scrambles to offset losses from lodging tax revenue.  February 11, 2021 — 6:55pm Text size Copy shortlink: In good times, dozens of Bloomington hotels lure travelers with their proximity to Minneapolis-St. Paul International Airport and the Mall of America, bringing millions of dollars in lodging taxes to the city annually and supporting hundreds of other businesses. But COVID-1...